More NewsKyriba Revamps TMS with Added Risk Management Capabilities

Kyriba Revamps TMS with Added Risk Management Capabilities

Kyriba, a provider of software-as-a-service (SaaS) cash and treasury management solutions, has released Kyriba 11.1, a new version of its treasury management system (TMS). Delivered as a complete SaaS solution, Kyriba 11.1 is SSAE16 (formerly SAS70 Level II) compliant.

In a global context where treasury and risk management is a daily priority, version 11.1 delivers a wealth of new functions that combine flexibility and speed of operation without compromising high security levels.

“In our never-ending effort to provide best-in-class solutions, and in response to valuable client input, the launch of version 11.1 has enabled Kyriba to extend its technical and technological leadership position in treasury management. Kyriba is truly the benchmark integrated solution for corporate treasuries,” said Kal Bittianda, managing director of North America for Kyriba. “We have worked exceedingly hard to offer innovative solutions that empower our clients to effectively address the growing demands of the treasury function.”

Additional functionality Includes:

  • New financial transaction types: interest rate derivatives (caps, floors and collars), foreign exchange (FX non-deliverable forwards), debt management (lease contracts).
  • Bank account lookup: real-time lookup of Bank Identifier Codes (BICs) using SWIFT’s ‘BICplusIBAN’ online directory.
  • Usability enhancements: colour coding within summary worksheets and dynamic dashboarding.

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